Covid-19 effect on your country's economy!!!

[RamBahadur.Gurung]

Here in Nepal, the situation has become really unimaginable. People are dying inside their homes as the medical facilities are not available in rural areas. And in most cases, it is the earning members of the family who are dying and the children become orphans. Even before the pandemic, the poverty levels in Nepal were quite high. And the pandemic has destroyed whatever wealth that was remaining. The situation is really bleak here. A lot of hardship everywhere and we don't know when it will end.

[bryant.coleman]

This pandemic really gives a huge impact with the economy, there are so many things happened because of this virus, a lot of people have lose their job and a lot of businesses have forced to be closed to avoid the spreading of this virus, thankfully we have a little improvement and most of the companies and businesses that were closed before are now open and we are now already starting to recover our economy.

It is similar to the situation we had in 2009. Many of the users will be too young to remember that period. Back then also, a lot of people lost their jobs and people like me who clung on to our jobs had no salary increment for a couple of years. Those were hard times. And these incidents reminds us of the importance of having a rainy day fund. You can create one, either with fiat currency or cryptocurrency. The next time when hard times hit you, these funds will become very useful. 

[Kez1817]

I think the economy of every country is affected by the covid 19 pandemic. This pandemic has  a huge impact with the economic status after a couple of months of lockdowns, many people lost their job, some business establishment either forced to closed or lessen their workers and many people were hungry, others died because of covid virus. Fortunately now, there alraedy a covid vaccine that helps to prevent the spreading of covid virus. And our economy now is gradually recovering.

[jossiel]

Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst  its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.

It is very sad that there are politicians that are taking advantage of the situation. They don't care about the welfare and well being of the people as long as they'll get what they want and their main goal is to make their pockets full out of this pandemic.

Yeah, there are still those people that have the spirit of helping because this is a crisis that we should deal altogether and beat together. But it's just disappointing to know that it's not only your country that has to deal with such corrupt politicians but for sure there are others too.

The culture of corruption seems to have been attached to several officials in every country. they use their power to achieve personal goals, although severe punishment does not seem to deter the perpetrators. Therefore, the transparency system is very good to reduce the number of corruption, so that this pandemic will be resolved soon, with targeted assistance

I think it won't be gone unless there's a principle that each politician is protecting and as well as their known good reputation. In some cases, even the good ones are also being stained due to the influence and the money that's under the table.

And in this pandemic, many of them has saw the huge money that's going outside due to the budgeting that has been put into law and that's why those corrupts are taking advantage of it.

[Vaskiy]

When the entire country is suffering out of the covid-19, the government is making projects to construct parliament house and house for the Prime Minister. The entire budget of the project is calculated to be $1.9billion. Is it necessary for the moment, every opposition have requested to stop the project and concentrate on the Pandemic.

The government is requesting donation with the people for the covid-19 fund for vaccination purchase and other necessary needs.

[Iphomme]

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

 In my country suffers about financial , can't afford to buy needs /want and some employee loss their Jobs. Due of covid-19 as I observed the economy was really affected of pandemic .People lean the Government support but day by day we use money to lived so the Government can't promise to give all people needs .

[fillippone]

In Italy, we have a strange situation.
Obviously, the pandemic hit really hard, but the government took a paternalistic approach and forbid every firm to fire anyone, providing help.

On the other hand, they provided a Universal Basic Income: as this income is really high compared to the wages which ideally possible to rack up in the labour market, the UBI is actually crowding out the regular job offers.

We are talking about people (both skilled )or not declining job offers not to lose entitlement for UBI.

[S4VV4S]

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

When I comment now, maybe it's been almost 2 years that we have been hit by covid, and covid 19 is still there. The government can only deal with it by providing the existing vaccines to the public for free. It does help a little to reduce the number of people affected by this disease outbreak, but a new problem arises, there are some cases that die after being vaccinated. Obviously Covid affects many sectors, the main one is the economy. There are so many unemployed in our country , including me . But I am grateful that I have known for a long time about bitcoin, so that I can still earn even from home.

[dunfida]

World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

When I comment now, maybe it's been almost 2 years that we have been hit by covid, and covid 19 is still there. The government can only deal with it by providing the existing vaccines to the public for free. It does help a little to reduce the number of people affected by this disease outbreak, but a new problem arises, there are some cases that die after being vaccinated. Obviously Covid affects many sectors, the main one is the economy. There are so many unemployed in our country , including me . But I am grateful that I have known for a long time about bitcoin, so that I can still earn even from home.

Yeah its been two years and havent still get resolved but at least we are seeing some vaccines now which can somewhat able to slow down the spread
but it seems it cant really be stopped and it would be needing a while before this pandemic would be over.For sure lots of economy had dropped down
but at least we are seeing some sustain even though its hard but at least we do able to live on it somehow.
How long this pandemic would be over? no one knows thats why its really ideal to save up money and dont waste up.

[Wend]

Here in my country Im just worried to those people in a city because some of them are almost the same problem about food, And some stores are not back  in normal yet and many people are not back in the job they have. And the government working so hard to solve of these kind of problem facing. But in my province we can get some food around in our backyard just like vegetables, fruits and animals we are lucky that we have like these.

[killerfrost]

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.

[Sithara007]

When the entire country is suffering out of the covid-19, the government is making projects to construct parliament house and house for the Prime Minister. The entire budget of the project is calculated to be $1.9billion. Is it necessary for the moment, every opposition have requested to stop the project and concentrate on the Pandemic.

The government is requesting donation with the people for the covid-19 fund for vaccination purchase and other necessary needs.

The usual left-wing fake news. The currently approved projects are for $120 million and not for $2 billion. The work on the remaining section of the Central Vista project remains suspended. And it is not just parliament house and the prime minister residence. More than 90% of the project cost is earmarked for office buildings for various departments that are currently operating from rented buildings. If you really want to oppose, then do that against the move by the Congress governments in Maharashtra and Rajasthan who are building luxury MLA apartments for $150 million each.

[Desscount]

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.

Until now, judging from the whole, I think the economic sector is not fully normal.
of course it can't be separated from this pandemic and we don't know when this will end,
but for now I feel better than at the beginning of the pandemic

[cheezcarls]

In the Philippines, despite that we are on our way to economic recovery, there are still lots of people getting laid off, furloughed or remain unemployed for a long time. It’s because there are still some industries that are not allowed to open during the pandemic, especially tourism and entertainment side.

I still see some restaurants remain empty at one point. When I entered KFC in a mall, there are no customers so I just ordered a meal before around 3 new people came in just to take out. These businesses like the restaurants are still at a loss because of very few sales along with employee salaries, rent, etc.

And also daily new cases are still within the 4k to 8k range. Despite the National Capital Region’s daily cases are increasing, other provinces in the middle group of islands and southern part of the country are increasing. Herd immunity is still a long way to go as vaccination process is still slow. And of course, I don’t wanna inoculate myself unless if it’s US-made like Moderna, J&J, etc., or if Ivermectin was already approved for public use.

[ILuckyGuyI]

Covid-19 period has affected every country in a negative way and my country is one of those countries also. I really want to leave these days behind as soon as possible. I'm really unhappy with the current situation.

[dimox]

almost all countries feel the effects in the tourism and culinary sectors, even some hotels and restaurants have to go out of business because they are unable to cover losses for operational costs

That's just a small portion of the economy, the biggest one that is affected is probably the working class because they all either got fired or suspended to either reduce workload to save money for the businesses or the company doesn't want the pandemic to spread further. In my country, the effect of this pandemic is really drastic because a lot of people are suffering and the government doesn't do a thing about it besides calling lockdowns new names.

my friend, sell some stuff and look good for a moment until covid come. many business fired their worker and about this act, my friend cant continue the store. he sell stuff by online but really kicked by this pandemic.
and thw government have different plant from other country that make people stuck everywhere they are. but, not only government, public cant take serious every protocol needed. it slow or can stop the recovery.

[oHnK]

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.

Until now, judging from the whole, I think the economic sector is not fully normal.
of course it can't be separated from this pandemic and we don't know when this will end,
but for now I feel better than at the beginning of the pandemic

Ya maybe the condition is better than at the beginning of the pandemic but dont be ignored that there will be an threat in the world economy. Central bank of my country said they beware with the Fed decision. In this year, the Fed will take tappering decision for their country and this will make the new issue for another country and the effect will be felt by the society.

[tygeade]

almost all countries feel the effects in the tourism and culinary sectors, even some hotels and restaurants have to go out of business because they are unable to cover losses for operational costs

The hospitality industry has been gagged throughout the pandemic times and it will continue to suffer because even when the pandemic is over, there is a changed lifestyle we are experiencing and people have adapted to this new lifestyle slowly.

The economy for most countries is going to recover slowly though and I don't think any country is specifically hit harder than others so the market is going to remain low for a long time and when it's for everyone, it doesn't hurt anyone too much.

I think along with others our country is recovering well and although people are still hesitant to move as much as before, things are certainly much brighter than they looked last year.

[TheGreatPython]

I think the economy of every country is affected by the covid 19 pandemic. This pandemic has  a huge impact with the economic status after a couple of months of lockdowns, many people lost their job, some business establishment either forced to closed or lessen their workers and many people were hungry, others died because of covid virus. Fortunately now, there alraedy a covid vaccine that helps to prevent the spreading of covid virus. And our economy now is gradually recovering.

Lockdowns were a bad idea, I must say, in the hindsight though and I cannot blame the governments for forcing them because it seemed as if lockdowns are the only possible way to stop the spread of the coronavirus but it absolutely killed the economy. I think if rules and covid protocols were followed, no lockdown was ever needed apart from then the virus was at its peak maybe.

Here in my country Im just worried to those people in a city because some of them are almost the same problem about food, And some stores are not back  in normal yet and many people are not back in the job they have.

Must be a critical situation then, aren't online food services available for you yet? I am ordering everything online these days and I feel like it is much easier and would continue doing so even when the virus is gone.

[conected]

I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.

- Right now, Covid is steadily increasing more than the value of bitcoin every day, I don't feel too much safety around densely populated areas when contacting or stepping out of the house, sometimes there is not too much mood for business when customers keep canceling contracts, cooperative companies begin to dissolve. Being positive in business is no longer in my mind, society is the first thing that needs positive things, they create assets, without them, business would not be better